The following data is obtained from the recent financial statements for two U.S. automakers (in $millions).

	Ford	GM
Sales	$154,379	$178,199
Cost of goods sold	142,589	166,239

Required
1. Calculate and interpret total productivity in dollars for the two automakers. Assume that total variable manufacturing costs are 80 percent of cost of goods sold for each automaker.
2. Go to the Internet for these companies and look under investor information to find the financial statements for each company. Review the sections on management’s discussion and analysis and related financial statements and footnotes, and find the market size and market share information provided by these firms.
Ford: www.ford.com
GM: www.gm.com

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Required 1. Calculate and interpret total productivity in millions for the two automakers. Assume that total variable manufacturing costs is 80 percent of cost of goods sold for each automaker Go to the Internet websites for these companies and look under investor inform ation to find the financial statem ents for each company. Review the sections on management's discussion and analysis and related financial statem ents and footnotes and find the market size and market share information provided by these firms: Ford: www.ford.com GM: www.gm.com 2.